S&P 500 · open buy, ninth week
S&P 500 hugging its highs: the uptrend holds, but momentum is cooling
S&P 500 · open buy, ninth week
In Summary
The S&P 500 is trading just below its record high, with the weekly bullish signal now in its 9th week. The technical structure remains aligned and price stays above the Ichimoku cloud, but Signal Strength recalibrates to 7 out of 100, fading, and two of the three statistical profit-taking areas have already been reached. A mature picture, where the uptrend holds but the room to run toward the next historical resistance has narrowed.
IQS Phase
50
ordinary
Signal Strength
7
low · fading
ATH distance
2.51%
2.51%
KPI 4
0/3
restricted Platinum content